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New financing announced for Dayton s Project development
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Dayton s Project secures $208M in financing to ease legal woes over ownership
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Dayton s Project owners ask court for time to get financing together
Dayton s Project owners ask court for time to get financing together Judge hears arguments as Dayton s Project owners request temporary restraining order to prevent a takeover by hedge fund, reveal possible new lender in $350 million project. August 3, 2021 6:42pm Text size Copy shortlink:
After a brutal volley of accusations, the future ownership of the Dayton s Project office building on Nicollet Mall is in the hands of a Minnesota judge.
During a virtual hearing Tuesday, Hennepin County District Judge Susan Burke weighed a temporary restraining order requested by the current owners to prevent the sale of the ownership interests of the 12-story former department store building in downtown Minneapolis that is beloved by generations of nostalgic Minnesotans.